Forward Cost Of Revenue from 2010 to 2024

FWRD Stock  USD 36.69  0.70  1.94%   
Forward Air's Cost Of Revenue is increasing over the years with slightly volatile fluctuation. Overall, Cost Of Revenue is expected to go to about 1.1 B this year. During the period from 2010 to 2024 Forward Air Cost Of Revenue annual values regression line had geometric mean of  660,848,814 and mean square error of 25411.1 T. View All Fundamentals
 
Cost Of Revenue  
First Reported
1994-03-31
Previous Quarter
646.7 M
Current Value
545.5 M
Quarterly Volatility
133.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forward Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forward Air's main balance sheet or income statement drivers, such as Depreciation And Amortization of 60.3 M, Interest Expense of 33.1 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0123 or PTB Ratio of 2.03. Forward financial statements analysis is a perfect complement when working with Forward Air Valuation or Volatility modules.
  
Check out the analysis of Forward Air Correlation against competitors.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.

Latest Forward Air's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Forward Air over the last few years. Cost of Revenue is found on Forward Air income statement and represents the costs associated with goods and services Forward Air provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Forward Air's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forward Air's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Forward Cost Of Revenue Regression Statistics

Arithmetic Mean822,600,410
Geometric Mean660,848,814
Coefficient Of Variation47.27
Mean Deviation314,425,849
Median864,302,000
Standard Deviation388,859,575
Sample Variance151211.8T
Range1.4B
R-Value0.92
Mean Square Error25411.1T
R-Squared0.84
Slope79,879,836
Total Sum of Squares2116964.8T

Forward Cost Of Revenue History

20241.1 B
2023B
20221.4 B
20211.3 B
2020B
20191.1 B
20181.1 B

About Forward Air Financial Statements

Forward Air stakeholders use historical fundamental indicators, such as Forward Air's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Forward Air investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forward Air's assets and liabilities are reflected in the revenues and expenses on Forward Air's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Forward Air. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of RevenueB1.1 B

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When determining whether Forward Air is a strong investment it is important to analyze Forward Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forward Air's future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:
Check out the analysis of Forward Air Correlation against competitors.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forward Air. If investors know Forward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forward Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.45
Earnings Share
(29.29)
Revenue Per Share
81.783
Quarterly Revenue Growth
0.924
Return On Assets
0.0296
The market value of Forward Air is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Air's value that differs from its market value or its book value, called intrinsic value, which is Forward Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forward Air's market value can be influenced by many factors that don't directly affect Forward Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forward Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.